International Journal of Management and Enterprise Development (5 papers in press)
- Contractual Buyout A Legitimate Growth Model in the Enterprise Development: Foundations and Implications
by K.S. Reddy, En Xie, Yuanyuan Huang
Abstract: The paper develops a new strategy framework in the enterprise development, especially associated with loss-making firms. A legitimate growth model, Contractual Buyout (CoBO) is a collective ownership and joint administrative policy in the market for corporate control and also provides an option to buy target firm in a given contract between acquirer, target firm and financier. It posits alike to socio-culture trend dating before marriage. The strategy is further described as takeover defensive method, tax benefit scheme, foreign market entry mode and post-merger integration approach. The model is precisely discussed in various taxonomies, such as motivations, foundations, illustrations, guidelines and implications. It eventually recommends capitalists and multinational enterprises choose CoBO as a potential entry mode to avail creative business openings in the world economy.
Keywords: Contractual buyout, Collective ownership, Inorganic strategy, Leveraged buyout, Market for corporate control, Joint ventures, Mergers and acquisitions, Strategic alliances, Takeovers, Turnaround strategy, Enterprise development
- Elucidating the work-family conflict among Indonesian lecturers in the period of education reform
by Tur Nastiti, Meiyu Fang, Nurul Indarti, Chun-Hsi Vivian Chen
Abstract: While the Indonesian government is providing more activities to the development of lecturers in the period of educational reform, the study indicates the existence of the perceived pressures derived from the incompatibility to balance the work and family requested roles. This study examines the sources and outcomes of the work-family conflict among Indonesian lecturers in the reform period. Partial Least Squares (PLS) analysis was used to examine proposed hypotheses. The findings in the sources show that the work and family demands positively influence the work-family conflict, with the higher effect of family demand on the work-family conflict than that of work demand. The results of the outcomes reveal that job and family satisfactions mediate the negative relationship between the work-family conflict and life satisfaction. The findings contribute as a management alert for the Indonesian government and higher education institutions to evaluate the application of education reform in Indonesia through managing the work-family conflict among the lecturers.
Keywords: work-family conflict, satisfaction, educational management, lecturers, Indonesia
- CREATION OF STEP-BY-STEP PROCESS IN THE PRE-STARTUP OF MICRO BUSINESS
by Tzong-Ru (Jiun-Shen) Lee
Abstract: This research proposes a step-by-step process in the pre-start-up stage of independent and franchising catering micro-businesses. A questionnaire was developed based on factors that affect starting a micro business (identified through literature review). Grey Relational Analysis (GRA)was used to determine the key successful factors while Interpretive Structure Modeling (IMS) was used to establish the pre-start-up process. Research shows that two types of catering businesses have different results in GRA and in ISM. Thus, business starters should investigate the industry of interest and find out the startup process before starting their businesses.
Keywords: Catering micro-businesses, Pre-start-up stage, Key successful factors, Grey relational analysis, Interpretive structure modeling
- Business partners and corporate entrepreneurship in developing countries
by Kamal Sakhdari, Jahangir Yadolahi Farsi
Abstract: This study addresses the way small and medium enterprises in developing countries can fill their knowledge gaps to enhance their level of corporate entrepreneurship. Our observation of a sample of 126 (double-respondent questionnaires) small and medium supplier firms providing products and services to the mining industry in Iran indicates that firms with more business partners have more engagement in corporate entrepreneurship. Yet, this connection is conditional on the firm's network management capabilities. In particular, relational governance plays an important role in the effective utilization of business partners for corporate entrepreneurship. Our findings suggest that the increased number of business partners in tandem with network management capabilities can promote corporate entrepreneurship in developing countries.
Keywords: Business partners, corporate entrepreneurship, network management capabilities, management, development
- The role of Knowledge-Intensive Service Activities (KISA) on inducing innovation in co-opetition strategies: Lessons from the Maritime Cluster of the Algarve region.
by Pedro Valadas Monteiro
Abstract: The formalization of co-opetition strategies by clusters encourages the maintenance of a collaborative mindset, thus increasing the benefits of knowledge sharing and utilization, but only if companies and other cluster members are able to deal with the apparent contradiction involving competitive cooperation. One way of increasing the efficiency of the open innovation processes increasingly adopted refers to the use of knowledge-intensive service activities (KISAs) as they improve the ability of private and public sector organizations to develop, absorb and apply knowledge in their internal innovation processes. Using primary data collected through enquiries carried out over a sample of 127 firms operating in various economic sectors of the maritime cluster of the Algarve, our objectives consist on evaluate: The importance and current degree of consolidation of co-opetition dynamics inside the maritime cluster of the Algarve and the firms perception towards their relevance; The role played by the activities based on knowledge-intensive business services (KIBS) on inducing and facilitating those co-opetition dynamics capable of triggering innovation within the cluster. We assume that a better understanding of the ways in which KISA contribute to innovative activities in the context of co-opetition dynamics inside clusters may lead to more effective public policy measures. As major outcomes of the present study, we highlight that co-opetitive relationships must be constructed and managed through the enhancement of certain critical dimensions of firms competitive strategies, inter alia, those based upon the development of more intensive competitive collaboration aimed at technological innovations and increased technological diversity.
Keywords: Maritime cluster; Innovation; Co-opetition; Knowledge-intensive service activities; Knowledge-intensive business services.